Mergers

People , Mergers

E&P Plus February 2021: On the Move

Check out the latest new hires, appointments and promotions as well as new company office and facility openings. 

February 19, 2021

Digital Oilfield , Acquisitions & Divestitures , Mergers

Quorum Software Broadens Platform with Series of Acquisitions

Thoma Bravo-owned Quorum Software and Aucerna agreed to merge and acquire TietoEVRY's oil and gas software business, which Quorum says will create the world’s largest software provider of business workflows focused solely on energy.

February 17, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 17, 2021

Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.

February 17, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers , Midstream

Energy Transfer to Acquire Enable Midstream in $7.2 Billion All-stock Deal

The all-equity transaction for Enable Midstream, valued at about $7.2 billion including debt, comes weeks after a U.S. appeals court dealt a blow that could shut down the Dakota Access crude pipeline operated by Energy Transfer.

February 17, 2021

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

ARC Resources to Buy Seven Generations in $2.2 Billion All-stock Deal

Following the acquisition of Seven Generations by ARC Resources, the combined company will become the biggest operator in western Canada’s premier Montney shale play.

February 11, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 10, 2021

Here’s a snapshot of recent energy deals including Northern Oil and Gas’ expansion into the Marcellus Shale with a $250 million acquisition from India’s Reliance plus Japanese trading house Sumitomo’s U.S. shale exit.

February 10, 2021

Public Capital , Renewables , Shale Plays , Trends , Mergers

Big Oil’s Huge Losses Raise Prospect of Megamergers

Rise of clean energy and doubts about long-term demand force existential reckoning for oil majors.

February 9, 2021

Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Appalachia Gas Producer Alta Resources Reportedly Exploring $3 Billion Sale

Should there be a deal for Alta Resources, it would be the latest in a string of tie-ups among gas producers in the U.S. Northeast.

February 4, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 3, 2021

Here’s a snapshot of recent energy deals including a $420 million acquisition in the Midland Basin by Surge Energy plus Tailwater Capital’s acquisition of Tall Oak II, III from EnCap Flatrock Midstream.

February 3, 2021

Unconventional , Reservoir Evaluation , Shale Plays , Completions , Acquisitions & Divestitures , Mergers

Analysts Discuss Growing Pains Facing US Tight Oil Sector

Similar to real-life growing pains, ‘it’s awkward and it's painful,’ but the U.S. tight oil sector is heading toward a healthier era, Wood Mackenzie analysts say.

February 3, 2021